| Product Code: ETC7542588 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India continued to rely on imports for elevated water storage tanks, with key exporters being China, USA, Brazil, Italy, and Malaysia. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline in compound annual growth rate (CAGR) of -18.54% from 2020 to 2024. The growth rate plummeted further by -48.34% from 2023 to 2024, highlighting challenges faced by the market. Stakeholders should closely monitor these trends and adapt strategies to mitigate the impact on the sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Elevated Water Storage Tanks Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Elevated Water Storage Tanks Market Revenues & Volume, 2021 & 2031F |
3.3 India Elevated Water Storage Tanks Market - Industry Life Cycle |
3.4 India Elevated Water Storage Tanks Market - Porter's Five Forces |
3.5 India Elevated Water Storage Tanks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Elevated Water Storage Tanks Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.7 India Elevated Water Storage Tanks Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 India Elevated Water Storage Tanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization leading to higher demand for elevated water storage tanks in urban areas. |
4.2.2 Growing awareness about water conservation and the need for sustainable water management solutions. |
4.2.3 Government initiatives promoting the development of water infrastructure and storage facilities. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with elevated water storage tanks. |
4.3.2 Lack of skilled labor for installation and maintenance of these complex water storage systems. |
4.3.3 Challenges related to obtaining necessary permits and approvals for construction of elevated water storage tanks in certain regions. |
5 India Elevated Water Storage Tanks Market Trends |
6 India Elevated Water Storage Tanks Market, By Types |
6.1 India Elevated Water Storage Tanks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Elevated Water Storage Tanks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Elevated Water Storage Tanks Market Revenues & Volume, By Steel, 2021- 2031F |
6.1.4 India Elevated Water Storage Tanks Market Revenues & Volume, By Plastic, 2021- 2031F |
6.1.5 India Elevated Water Storage Tanks Market Revenues & Volume, By Fiberglass, 2021- 2031F |
6.1.6 India Elevated Water Storage Tanks Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Elevated Water Storage Tanks Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 India Elevated Water Storage Tanks Market Revenues & Volume, By Underground, 2021- 2031F |
6.2.3 India Elevated Water Storage Tanks Market Revenues & Volume, By Outdoor, 2021- 2031F |
6.2.4 India Elevated Water Storage Tanks Market Revenues & Volume, By Indoor, 2021- 2031F |
6.3 India Elevated Water Storage Tanks Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 India Elevated Water Storage Tanks Market Revenues & Volume, By Residentia, 2021- 2031F |
6.3.3 India Elevated Water Storage Tanks Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 India Elevated Water Storage Tanks Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 India Elevated Water Storage Tanks Market Revenues & Volume, By Utility, 2021- 2031F |
7 India Elevated Water Storage Tanks Market Import-Export Trade Statistics |
7.1 India Elevated Water Storage Tanks Market Export to Major Countries |
7.2 India Elevated Water Storage Tanks Market Imports from Major Countries |
8 India Elevated Water Storage Tanks Market Key Performance Indicators |
8.1 Average fill rate of elevated water storage tanks. |
8.2 Rate of adoption of smart water management technologies in conjunction with elevated water storage tanks. |
8.3 Frequency of maintenance and repair services for elevated water storage tanks. |
8.4 Level of compliance with regulatory standards and guidelines for water storage infrastructure. |
8.5 Percentage of water loss reduction achieved through the use of elevated water storage tanks. |
9 India Elevated Water Storage Tanks Market - Opportunity Assessment |
9.1 India Elevated Water Storage Tanks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Elevated Water Storage Tanks Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.3 India Elevated Water Storage Tanks Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 India Elevated Water Storage Tanks Market - Competitive Landscape |
10.1 India Elevated Water Storage Tanks Market Revenue Share, By Companies, 2024 |
10.2 India Elevated Water Storage Tanks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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